What do we do?

At Dudley Building Society we are proud to state, we do not have an upper age limit and offer mortgages to borrowers who are already in retirement, or who require mortgage terms that extend into retirement. 

Our manual mortgage underwriting processes mean that we can offer a flexible approach, taking each borrower's specific circumstances into account.

USPs
  • No upper age limit for Capital & Interest
  • LTV up to 70% for borrowers in retirement
  • LTV up to 80% for borrowers lending into retirement
  • Full range of products available
  • Net Pension income taken into account
  • SIPP Pensions can be taken into account
  • Pension lump sum considered as payment strategy
  • Land & Property income considered
Our Products

We offer lending in and into retirement across our full product range, but please note that the LTV is capped at 70% for in retirement and at 80% for into retirement.

Find our products here: Intermediary Product Guide

Lending In and Into Retirement Criteria
Our Criteria
  • LTV’s for Into Retirement lending are capped at 80%, and for In Retirement they are capped at 70%
  • 100% of pension income, whether state and/or private, can be consider with evidence provided
  • Pensions payments expected should cover the term of the mortgage required, pension amounts versus expected longevity are reviewed
  • SIPP pensions considered
  • We offer flexibility for all in and into retirement borrowers, allowing access to our full product range
  • Other income such as land & property income can be considered if shown on SA302s
  • Property sale & downsizing considered as payment vehicles
Contact Us

Contact our Intermediary Team with any case queries you may have.

Find out more
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